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Monday, July 22, 2013
 HTC Reorganizes US Operations
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Message Text: Taiwanese smartphone manufacturer HTC is forming a new division, "Emerging Devices", to focus on new HTC products and global distribution, as well as reshuffles management positions its U.S. operations.

HTC's new division will be focusing on future device innovation and distribution, the Wall Street Journal (WSJ) reported on Monday citing "an internal HTC e-mail."

The paper added that the company's current president of North America, Mike Woodward, will head the new unit, while Jason McKenzie, president of global sales will take over as head of HTC USA, reporting directly to CEO Peter Chou.

In its second-quarter 2013 earnings report earlier this month, HTC's revenue fell 23 percent year-on-year to US$2.3 billion while operating income dipped to US$30 million, an 87 percent fall compared to the same quarter in 2012. The quarter's recovery was helped by the launch of HTC One at the end of March.
 
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